Dainichiseika Color & Chemicals Mfg Co (TSE:4116) Interest Expense : 円-278 Mil (TTM As of Dec. 2023)

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What is Dainichiseika Color & Chemicals Mfg Co Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dainichiseika Color & Chemicals Mfg Co's interest expense for the three months ended in Dec. 2023 was 円 -70 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was 円-278 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Dainichiseika Color & Chemicals Mfg Co's Operating Income for the three months ended in Dec. 2023 was 円 1,878 Mil. Dainichiseika Color & Chemicals Mfg Co's Interest Expense for the three months ended in Dec. 2023 was 円 -70 Mil. Dainichiseika Color & Chemicals Mfg Co's Interest Coverage for the quarter that ended in Dec. 2023 was 26.83. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dainichiseika Color & Chemicals Mfg Co Interest Expense Historical Data

The historical data trend for Dainichiseika Color & Chemicals Mfg Co's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Dainichiseika Color & Chemicals Mfg Co Interest Expense Chart

Dainichiseika Color & Chemicals Mfg Co Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Interest Expense

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-400.00

-405.00

-339.00

-290.00

-278.00

Dainichiseika Color & Chemicals Mfg Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Interest Expense	Get a 7-Day Free Trial															-75.00	-70.00	-68.00	-70.00	-70.00

Dainichiseika Color & Chemicals Mfg Co Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-278 Mil.

Dainichiseika Color & Chemicals Mfg Co (TSE:4116) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dainichiseika Color & Chemicals Mfg Co's Interest Expense for the three months ended in Dec. 2023 was 円-70 Mil. Its Operating Income for the three months ended in Dec. 2023 was 円1,878 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was 円9,891 Mil.

Dainichiseika Color & Chemicals Mfg Co's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Interest Coverage	=	-1	*	Operating Income (Q: Dec. 2023 )	/	Interest Expense (Q: Dec. 2023 )
	=	-1	*	1878	/	-70
	=	26.83

The higher the ratio, the stronger the company's financial strength is.

Dainichiseika Color & Chemicals Mfg Co (TSE:4116) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dainichiseika Color & Chemicals Mfg Co Ltd (TSE:4116) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7-6, Nihonbashi-Bakurocho, Chuo-ku, Tokyo, JPN, 103-8383

Website

http://www.daicolor.co.jp

Dainichiseika Color and Chemicals manufactures and sells pigments, plastics, and inks in five segments based on product type. The polymers segment, which generates the majority of revenue, sells plastic resins used to produce interior components for automobiles, polyurethane coatings and adhesives, and textile coatings. The pigments segment sells inorganic pigments and colorants. The prepared colors and chemicals segment sells colorants used in plastics and coatings. The printing inks segment sells inks for printing and gravure. The other segment leases real estate properties.

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